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20130117
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
FOX News
Jan 17, 2013 1:00pm PST
ceiling issue is just crazy. i stand -- >> was it crazy seven years ago when your democratic colleague voted against raising it? was it crazy then? >> well, except it wasn't real and this is real. the last final -- >> real is in the eye of the beholder. >> no, no. >> i guess it's -- >> it was more -- you know that those past votes were more symbolic, but when we really had a crisis over the debt ceiling in 2011, there were real consequences. real lasting consequences, and we didn't even -- we did raise the debt ceiling in the end, but we saw the deficit grow, neil, when there was this threat to -- and so as i said, the coke brothers, the u.s. chamber of commerce, against the debt crisis. >> i always appreciate your coming on. you give as well as you take and i appreciate that. congresswoman jan. >> a warning about the healthcare law. unite health care says its costs are running up. all rise. the judge says your premiums are about to do the exact same thing. so, i guess we shouldn't be surprised. premiums will likely go up. >> of course premiums are going up because the government's han
CNBC
Jan 17, 2013 12:00pm EST
that's part of the good and bad. it enables constant debt ceiling issues into the future. >> yeah. it's going to coincide with the debate in washington. thanks for helping us tap us. one last note about e-bay. overall pretty good although there was some expectations that the numbers could have been even better given the overall growth trends in mobile and what pay pal did. the ceo will be on cnbc later on this afternoon. as we hit noon let's get back to headquarters. scott wapner and the "fast money" halftime. >>> carl, thanks so much. welcome to the halftime show. four hours to go until the close. here's where we stan right now on the street. the dow is just about at the highs of the day, up six out of the past seven days. disregard what we're shearing. we're talking about the market because it's higher today and here's what we're following on halftime. banking on the financials. more earnings results are in the books. last year's darlings running out of gas or taking a breath? inside intel the stock is up 8% over the past month. what's the play right now ahead of today's numbers
CNBC
Jan 17, 2013 4:00pm EST
was quote, unquote avoided. now we have the debt ceiling issue so there's some lessening uncertainty but still a lot of uncertainty. so, as we think about '13, i believe if we get some kind of just halfway reasonable leadership out of washington and deal with the debt issue and begin to deal with our fiscal deficits. >> right. >> i think, maria, you could see a real positive lift because people are ready to invest. they need to feel some kind of inspiration, and i think they are ready to invest. >> that's what we're hearing across the board. real quick, you going to raise your dividend this spring? >> well, as you know, we have to go through the process, and we have to wait to see what the fed says, but i'm optimistic. i can't speak for the fed but i'm personally optimistic. >> we'll leave it there. mr. king, good to have you on the program. >> have a good day. >> and to you. chairman and ceo of bb&t. didn't hold on to the triple-digit gains. does that mean we're setting up for a pullback tomorrow? our panel of wall street pros will give you a leg up on what's going to move your mone
FOX News
Jan 16, 2013 6:00pm PST
, this issue, we have continuing resolutions, the debt ceiling debate. he's in full campaign mode. do you think the president emboldened by reelection and maybe emboldened by a win on the fiscal cliff, do you think he's overreaching on the political consequences and how should republicans deal with it? >> look, i think he clearly felt after the election that he was out to crush the one institution that was stopping his agenda, that it stopped it in the second, in the third and the fourth years of his administration, first administration, namely the republican house. he set up the fiscal cliff negotiations deliberately to split the republicans in the house, knowing that if he did, it would neuter the opposition and he would have the kind of dominance of washington, which he had in the first two years before he lost the house in the mid term elections. so, i have no doubt that that's how he used the fiscal cliff. that's how he's going to use the issue of immigration and that's how he's going to approach the debt ceiling and other issues and it's his objective so he becomes the domin
FOX News
Jan 17, 2013 2:00pm PST
the debt ceiling and other issues, brit hume has analysis. everybody talked about it today where you work. outrageous hoax involving a superstar. college football player and dead girlfriend who never existed. tonight there is new info. "special report" from washington starts at 6:00 eastern. now back to "the five." ♪ ♪ >> dana: keep going. very good. i would love all of nashville to come after you today. earlier this week we discussed boy suspended from school, he was six years old because he made a gesture of a gun and said, "pow." he got suspended. this is not isolated case. this happened in maryland with two boys playing cops and robbers. they got suspended. the other parents at the school didn't think it was too great an idea. listen to them. >> suspending them is harsh. i don't think it will do any good for the parents, child or the school. >> people trying to make example of things they shouldn't. blowing things out of proportion. they have gotten strict and overboard on things. i definitely don't think it was warranted. if i was a parent i'd be highly upset. >> dana: kimbe
FOX Business
Jan 17, 2013 12:00am EST
waste of time. adam: let me interrupt you because we have had this debt ceiling essentially part of our discussion for almost 100 years, going back to 1917 with the issue of liberty bonds. now today we talk about the debt ceiling and we talk about its impact, this debate for the people who are watching, and, getting to this craziness we see the market reacting in a way you can't anticipate. what would happen to our 401(k) if congress he said they have to get together, i was thinking two words, "good luck." whether they can't do something? >> if they don't raise the debt ceiling and let's say we get debt downgrades, the market has a fit basically and drops as they did in 2011, all our investments will get hit. the stock market will go down as it did in a big way in the summer of 2011. on the other hand, if they extend the limits, the debt ceiling limit and do something more, maybe not a grand compromise, something more in terms of deficit reduction, my guess is the market will kind of shrug it off. they won't get upset. the issue is in the end what happens in the run-up read the political run-up to the waiter with the market reacting as we are going down t
FOX News
Jan 16, 2013 5:00pm PST
will be about the gun agenda as well as immigration and climate change in the debt ceiling where the gun issue is concerned, we will see rallies and town halls and lots of big gun control type money on tv screens. on the other side of all of this the national rifle association is planning a big ad blitz on its own. first one on the web started in the last day or so. it busts the president for hypocrisy because is he skeptical about the idea of armed guards in schools while his kids go to a private school here in d.c. by the way the house and the hill both know that the president's proposed ban on semiautomatic rifles is din disingenuous that there are not enough votes in the senate. everybody knows it. >> bill: states should control that issue and the feds can put in a law you can't transport them across state lines. that's what they do. all right. rosen now, clarence thomas, supreme court justice, never speaks. he is like the spinks. he never speaks. there he is, not speaking. we have a picture of him not speaking which is not hard to get because he never speaks. but he did break his silence, ro
CSPAN
Jan 17, 2013 6:00am EST
it checks. so that's not a legitimate process, to take the debt ceiling as the hostage. the appropriate goal here whether the debate should occur, plus, if you use the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll do a two for one event, two dollars of spending for every dollar of revenue. $1.2 trillion of spending restraint, that makes sense. the two match up rather equally. .. >> the only way you can get agreements with both sides win by the way, if something like this. where there are a series of entitlement changes which do not impact immediately and leapfrog the president's term in office, so the price he will pay will not be significant any era of political capital, but which do very significant steps in getting our fiscal house in order. most of our entitlements concern that down the road driven event, the
FOX Business
Jan 17, 2013 1:00pm EST
particular deadlines they have to meet in washington. the debt ceiling, of course sometime next month there are also dealing with government funding running out in march and some other issues like the sequestered. republicans are floating a short-term debt ceiling increase with some modest cuts to deal with the automatic spending cuts that government funding levels and get back to an argument or discussion over the debt ceiling and spending levels once you reach the next few months. that is right now what they are discussing. they have not decided on that strategy. this is just the house republican strategy. it would then have to keep an over to the senate and agree with senate democrats and the white house. for republicans they say this is all about structural spending changes. >> i think it is very clear at this is not just the notion of paying back past dues for the united states but also making sure that the dead obama administration wants to continue to incur is restrained. >> reporter: republican leaders continue to meet with members discussing a number of different ways to deal with the debt ceiling, short-term mr. -- short term. also a longer-term extension of the ceili
CNBC
Jan 17, 2013 9:00am EST
hitting the debt ceiling, not raising it. so some republicans say it's manageable. on that issue carl mentioned of default, any missed government employees, that would constitute a default. others are say no, no, we're not paying off the debt itself, that's what default is. on another critical issue, could the government prioritize its payments, take the payments, the cash that's coming in and use it to pay a certain number of things? on this side,ed article mrgs is saying no authority to prioritize, and no ability, and the treasury have different payment systems. republicans say yes, and in fact they're working on a bill right now that the government can pay interest on the debt, social security and the defense and military salaries. on the issue of how markets will react, the idea they'll demand higher rates, some saying they'll overlook this gritlock. finally on the economy, as carl mentioned. alan blinder saying this would be a depression rather than the gop saying otherwise tunnel rather effects. let's do what we call the debt ceiling game, the home edition. here's a bunch the th
CNN
Jan 17, 2013 4:00am PST
around the debt ceiling coming up and to make this the issue, how do you think that will work? >> that's why i wonder how serious he is. i'm not questioning his motives. now he knows for the next two months all we're going to be talking about is the debt ceiling, sequestration, the continuing resolution, ending the fiscal cliff, all of these. >> you're not questioning his motives of what he's suggesting. he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and mult
MSNBC
Jan 17, 2013 2:00pm PST
agree with him on not playing around with the debt ceiling and the full faith and credit of the u.s., overwhelmingly agree with him on issues liabilities taxes. 90% agree with him, for example, on universal background checks on the purchase of a weapon. it's very different from what happened with george bush when he won a very narrow victory in 2004, and then said he had a man date and decided he had a man date to privatize social security which was deeply unpopular. the great strength of the president here is he knows what he wants to do, he's very focused, and he has the country with him. some of this stuff is going to be tough to get through congress and you may have to fight it in the midterms and beyond, but he's going to make real progress, i think, because of what he believes and because he's got the country with him. >> well, these are kind of fundamental issues for a president, guns and keeping the government gorg and fighting for his foreign policy team. it's not like he's looked for a fight. let's face it, newtown forced everybody to deal with this. >> newtowns changed everything. >> i don't think he's looking for a fight. i
FOX Business
Jan 17, 2013 3:00pm EST
. how would it be impact full on people's portfolios if there is not a debt ceiling bill? >> i think what is going to happen is that i think investors are actually being very pragmatic about how they are addressing the issues in washington. investors are incredibly adaptive creatures. so what you're seeing is investors right now, okay. rather than looking for the big deal, let's clear these turtles. liz: come home like they're missing the rally. >> but they are starting to see levels of engagement. the notion that everyone is on the sidelines is misplaced. plenty of cash, zero people are selectively engaging. we are trying to get people to engage in a thoughtful way in areas where we think the risk/reward clearly favors you. liz: the people feel that 40 percent of significantly better than one year ago. 56 percent get about their financial situation. inching higher. they are not doing much with it to make the money to capitalize. if you were to advise people watching right now about the fear that drenches them at night or is that they will get bank again $ 2009 to march a particular, would you say? >> a two-part answer. the first is get a plan. when you look at the survey will we found is that those who have
CNBC
Jan 16, 2013 11:00pm EST
cliff and the sequester debt ceiling argument. we've gotten through two big bad events, only one more station on the gauntlet. it simply isn't as scary or as meaningful as the other two when it comes to the stock market or new business formation. sorry, it won't sell as many parents, it just won't. smart investors are making a bet they can't wait for the third of the three washington incursions to be finished. once a big bad event is passed, the risk of responding floods in. now we're about to finish the third leg of this political steeplechase, and we will be given a level of certainty we haven't had in ages. you want to wait for those people to come in? it could be investing nirvana, a guy in brooklyn, cramer, smart guy. you scared us with the election, you scared us with the fiscal cliff and now scaring us with the debt ceiling. what are you going to scare us with about washington after that's over and you faked everyone out and got them to sell? i rolled my eyes, i defended myself, saying that all three of threes issues were and are worthy of worry and i told people to stay the co
CSPAN
Jan 17, 2013 12:00pm EST
all of the different ramifications i want to say a word about the debt ceiling which is not everybody understands what it's about. the debt ceiling which congress has to do periodically as gives the government money to pay its existing bills. it doesn't create new spending so it's like a family trying to improve its credit rating not the most effective way to improve the credit rating and was the slow solution to the debt ceiling in august of 2011 that of the u.s. downgraded last time brough so it's very important that congress take the necessary action to raise the debt ceiling to avoid a situation where our government doesn't pay its bills. estimate the number of people have expressed concern about how much of the challenges actually were addressed in the deal. as you mentioned is certainly went part way that leaves a number of issues still on the table and additional negotiations are learning to read what you characterize that as a class that is facing us or do you think that it's not as concerning as it was when you raised that term initially? >> as i said the fiscal cliff would h
CSPAN
Jan 17, 2013 1:00pm EST
points. you have the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the sen
CSPAN
Jan 17, 2013 5:00pm EST
the inauguration on monday, on -- just days ahead of debt ceiling conversations, days after fiscal quick negotiations -- days after fiscal cliff negotiations. was that deal good for poor people? >> for 30 years, we have not addressed this issue, except for the wonderful work that you and cornel are doing in these wonderful people on the panel. politics has neglected the poor. one could say that there was a war on the poor rather than a war on poverty for much of this period. the united states has by far the most poverty of any of the high- income countries as a share of the population. we have the highest in quality. we have the most entrenched underclass. we have had the biggest increases of any quality by far, and we've had the least political response of any high- income countries, so we are standing out on our own. this has been a 30-year trend of soaring in comes at the top, stagnation in the middle, and falling through the floor on the bottom, and the political system has refused to address this for 30 years. so we have reached a calamitous situation in this country, but the fact of the matter is nothing that was done at the fiscal cliff and what lies ahead most likely will not in any deeper way address this crisis. >> how fri
CNBC
Jan 17, 2013 6:00am EST
if you go over the debt ceiling, you hit it, calamitous. and you have other words from damaging to manageable, republicans saying we can do this for awhile and it will be okay. i want to look at specific issues here. democrats say any missed government payment is a default. republicans say, no, only when you don't pay the interest on the debt. how about on the issue of can the government prioritize payments so that the incoming cash equals the outgoing cash? really the republicans -- i'm sorry, democrats saying no authority to do this and really no ability to program our computer system to do that. republicans saying you know what? the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready to play folks? the debt ceiling game, calling this the home edition, here ar
Current
Jan 17, 2013 3:00pm PST
debt ceiling issues that the republicans do seem to be going soft on. i do think one of the reasons why they went soft was because traditionally republican lobbying groups were coming out. i wonder if there are traditionally republican groups like law enforcement organizations, the police associations who might tend to be conservative, if they came out strong and spoke if the faith community came out strong and spoke, they may shake a little bit. let's talk about senator cruise thinks is going to happen as a result of the gun debate. >> i think the consequence i think he's going to pay a serious political price. and i think the price that's going to be paid on this is going to manifest in senate races in 2014. >> jennifer: so your take on that. he's flipping that argument on its head. he thinks it will benefits republicans rather than cause them to lose seats. >> no, i don't see that. but the democrats and the obama organizations, they really have to get out the vote for 2014 it has to be impressed on democratic and progressive voters that they have to vote in off-year elections in
Search Results 0 to 24 of about 25 (some duplicates have been removed)